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Pricing

2022
Exports $140kWorld Rnk 60 / 78
Flag Rnk 1053 / 1206
2022
Destination $136k Netherlands
2021 - 2022
FASTEST GROWING MARKET $136kNetherlands
2022
PRODUCT COMPLEXITY IN Tanks and Armored vehicles-0.46Rnk 688 / 1025
2022
Imports $2.35MWorld Rnk 66 / 130
Flag Rnk 932 / 1210
2022
Origin $27.5k United States
2021 - 2022
FASTEST GROWING ORIGIN $27.5kNetherlands
2022
ECONOMIC COMPLEXITY of Hungary1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $140k in Tanks and Armored vehicles, making it the 60th largest exporter of Tanks and Armored vehicles in the world. At the same year, Tanks and Armored vehicles was the 1053rd most exported product in Hungary. The main destination of Tanks and Armored vehicles exports from Hungary are: Netherlands ($140k).

The fastest growing export markets for Tanks and Armored vehicles of Hungary between 2021 and 2022 were Netherlands ($136k).

Imports In 2022, Hungary imported $2.35M in Tanks and Armored vehicles, becoming the 66th largest importer of Tanks and Armored vehicles in the world. At the same year, Tanks and Armored vehicles was the 932nd most imported product in Hungary. Hungary imports Tanks and Armored vehicles primarily from: United States ($2.32M), Netherlands ($34.3k), and Denmark ($24).

The fastest growing import markets in Tanks and Armored vehicles for Hungary between 2021 and 2022 were Netherlands ($27.5k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Tanks and Armored vehicles. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$140k
IMPORTS (2022)$2.35M
NET TRADE (2022)-$2.21M

In 2022, Hungary exported $140k in Tanks and Armored vehicles. The main destinations of Hungary exports on Tanks and Armored vehicles were Netherlands ($140k).

In 2022, Hungary imported $2.35M in Tanks and Armored vehicles, mainly from United States ($2.32M), Netherlands ($34.3k), and Denmark ($24).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tanks and Armored vehicles EXPORT MARKETS FOR Hungary WERE (2021 - 2022):Netherlands$136k (3.76k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanks and Armored vehicles BY Hungary WERE (2021 - 2022):Lithuania-$91.9k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Tanks and Armored vehicles were:
United States $954M
Canada $954M
Germany $377M
In 2022, Hungary's main importing competitors in Tanks and Armored vehicles were:
Saudi Arabia $674M
United States $379M
Kuwait $304M

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Trade Value of Tanks and Armored vehicles by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $3.2k
TOP IMPORT POTENTIALNetherlands+ $42.6k

Tanks and Armored vehicles’s highest export potential is Netherlands. With an export gap of $3.2k.   Tanks and Armored vehicles’s highest import potential is Netherlands with an import gap of $42.6k.

See methodology.

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